MU — Micron Technology Inc

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates MU Bullish with a Setup Score of 8, net conviction 33, actionability 2. How the Setup Score works →

Total Setup Score8
Directional BiasBullish
Net Conviction33
Actionability2 (in range)

Key signals behind this score

About Micron Technology Inc

Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products in the United States, Taiwan, Japan, Mainland China, Hong Kong, Europe, and internationally. It operates through the Cloud Memory Business Unit; Core Data Center Business Unit; Mobile and Client Business Unit; and Automotive and Embedded Business Unit segments. Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$979.30
Market Cap$1.12T
Float1.13B
Shares Outstanding1.13B
P/E (Forward)6.12
P/E (TTM)21.46
Price/Sales (TTM)12.41
vs. Analyst Target+51.7% to analyst PT
Profit Margin55.91%
Operating Margin (TTM)80.37%
Revenue (TTM)$90.27B
Earnings Growth (YoY)1368.50%
Dividend Rate0.5%
Analyst Target Price$1486.00 (37 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $21.43B $2.69B $6.55B $8.71B
2021 $27.70B $5.86B $10.42B $12.93B
2022 $30.76B $8.69B $13.90B $16.74B
2023 $15.54B -$5.83B -$1.42B $2.21B
2024 $25.11B $778M $5.61B $8.94B
2025 $37.38B $8.54B $14.87B $18.49B

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Aug 2025 $11.31B $3.20B
Nov 2025 $13.64B $5.24B
Feb 2026 $23.86B $13.79B
May 2026 $41.46B $28.24B

Ownership & Float

Insider Ownership0.3%
Institutional Ownership81.3%
Short Float3.7%
% of All Funds Holding34.36%
Number of Funds Holding2,824

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$926.03Near-term / short-term trend
Weekly40-Week SMA$484.67Medium-term trend
Weekly80-Week SMA$296.19Cyclical trend (business cycle)
Weekly200-Week SMA$167.57Secular trend (multi-year)
Monthly10-Month SMA$553.25Near-term monthly trend
Monthly20-Month SMA$328.93Medium-term monthly trend
Monthly40-Month SMA$209.58Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$512.00 support 1.60x 1 months ago
$342.00 support 1.26x 2 months ago
$296.00 support 1.40x 5 months ago
$233.00 support 1.14x 6 months ago
$166.00 support 1.13x 8 months ago

Historical Earnings Reactions (125 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.32% 0.00% 48.80% 18.10% -15.61%
1 Day -0.70% -1.65% 40.80% 18.24% -23.04%
1 Week -1.07% -2.43% 42.40% 26.28% -24.23%
2 Weeks 0.69% 1.00% 51.20% 39.41% -37.17%
1 Month 1.81% -0.04% 50.00% 76.29% -40.91%

Next earnings: September 12, 2026 (61 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan9.5%66.7%42
Feb5.8%61.9%42
Mar2.1%52.4%42
Apr2.4%50.0%42
May6.4%66.7%42
Jun-0.8%52.4%42
Jul1.1%42.9%42
Aug1.1%42.9%42
Sep-0.6%47.6%42
Oct-0.5%47.6%42
Nov2.7%50.0%42
Dec3.5%59.5%42

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.05% 46.1% 2004
Tuesday 0.12% 48.5% 2175
Wednesday 0.34% 50.7% 2172
Thursday 0.14% 48.4% 2132
Friday 0.10% 48.5% 2120

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 81.3%

Insider Transactions — Smart Summary

Total insider ownership: 0.3%

12-Month Insider Activity Summary

Total Filings36
Net Value-$301M
Net Shares Change-785,022
% of Float-0.1%
C-Suite Filings30
Clusters Detected7

Key Insiders

NameTitleNet ValueFilingsActivity
ARNZEN APRIL S EVP and Chief People Officer -$43.4M 1 N/A
Sadana Sumit EVP and Chief Business Officer -$20.9M 2 2 sell
BHATIA MANISH H EVP, Global Operations -$10.4M 1 1 sell
Liu Teyin M +$7.8M 1 1 buy
CORDANO MICHAEL D EVP, Worldwide Sales -$2.9M 2 2 sell
ALLEN SCOTT R. CVP, Chief Accounting Officer -$1.9M 1 1 sell
GOMO STEVEN J -$1.6M 1 1 sell
Dugle Lynn A -$1.5M 1 1 sell

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2025-09-22 – 2025-10-03 4 3 -$8.5M 3 C-suite
2025-10-07 – 2025-10-21 3 3 -$9.8M 3 C-suite
2025-10-22 – 2025-11-03 5 3 -$61.3M 5 C-suite
2026-01-26 – 2026-02-04 3 3 -$26.2M 3 C-suite
2026-04-03 – 2026-04-16 4 3 -$26.9M 4 C-suite
2026-05-05 – 2026-05-13 3 3 -$27.1M 2 C-suite
2026-06-30 – 2026-07-06 3 3 -$91.2M 2 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-07-02 Dugle Lynn A -$1.5M Transaction at $1150.43, now -14.9%
2026-04-14 Sadana Sumit EVP and Chief Business Officer -$10.1M Transaction at $421.35, now +132.4%
2026-04-16 CORDANO MICHAEL D EVP, Worldwide Sales -$1.5M Transaction at $435.00, now +125.1%
2026-04-13 CORDANO MICHAEL D EVP, Worldwide Sales -$1.4M Transaction at $420.81, now +132.7%
2026-05-13 GOMO STEVEN J -$1.6M Transaction at $787.03, now +24.4%
2026-01-15 Liu Teyin M +$7.8M Transaction at $337.14, now +190.5%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Micron Technology Inc (MU) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for MU on Trend Edge →